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Home2020

Year: 2020

MIG denies Vivartia sale agreement with CVC
News

MIG denies Vivartia sale agreement with CVC

4 November 2020 Konstantinos Papagrigoris

The management of MIG denies  in an announcement that there is an agreement with CVC for the acquisition of Vivartia.…

Lazard, Axia Ventures to brief Greek PM on bad bank proposal
News

Lazard, Axia Ventures to brief Greek PM on bad bank proposal

4 November 2020 Konstantinos Papagrigoris

Lazard’s final conclusion will determine whether or not the government will give the green light for the adoption of the proposal that will help further reduce non-performing loans in the domestic credit system.

More than 160,000 applications submitted for mortgage assistance
News

More than 160,000 applications submitted for mortgage assistance

3 November 2020 Editors

According to the Ministry of Finance, 160,467 applications were submitted for the “BRIDGE” program, which provides support through a state…

Most NPLs from Covid in tourism
News

Most NPLs from Covid in tourism

3 November 2020 Editors

Tourism/hotel industry, and secondly catering, will have the highest percentage of sour debt.

What National Bank wants from CVC to sell Vivartia loans
News

What National Bank wants from CVC to sell Vivartia loans

3 November 2020 Konstantinos Papagrigoris

Negotiations between the management of the MIG group, US fund CVC and banks regarding the sale of Vivartia are on a fine line as the period of exclusive discussions ends Friday.

Liakounakos Total Recall, Sonak and D Day 4 November.
News

Liakounakos Total Recall, Sonak and D Day 4 November.

2 November 2020 Editors

What the interest in Sonak signals.

doValue takes on management of 450 mln euros of NPLs in Italian SMEs
News

doValue takes on management of 450 mln euros of NPLs in Italian SMEs

2 November 2020 Konstantinos Papagrigoris

What is the new big project the company waw awarded in the neighboring country.

Piraeus Bank works on business plan ahead of share capital hike
News

Piraeus Bank works on business plan ahead of share capital hike

2 November 2020 Konstantinos Papagrigoris

The bank has to securitize additional 13-15 billion euros NPLs in order to reach a single-digit bad loan ratio. What obstacles are being created by the “sinful mortgage loans” of the past?

Alpha Bank received two binding bids for Galaxy
News

Alpha Bank received two binding bids for Galaxy

2 November 2020 Editors

A race for two will ultimately decide who will claim Galaxy and Cepal. Alpha Bank received two binding offers from Pimco and Davidson Kemper. The management has already started evaluating the offers. When it will be completed.

Alpha Bank to receive binding bids on Galaxy project today
News

Alpha Bank to receive binding bids on Galaxy project today

30 October 2020 Konstantinos Papagrigoris

Increased uncertainty that the new Covid 19 wave will derail scheduled investments in Greece.

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  • SOLAR: What’s happening with securitization? 31 July 2025
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  • The map of arrangements for the four major Servicers
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  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
  • The Bank of Greece’s decisions on servicers
  • UBS: $300 million settlement for Credit Suisse mortgage loans
  • UNIKO: The 13 million euro platform
  • Banks: Reduction of Pillar 2 Guidance to 1%
  • The banks passed the stress tests comfortably
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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